Hotel Restaurant And Shop For Sale

Business description

2 Star, 64 Bed all en suite, very profitable hotel, Restaurant and gift shop. Rare opportunity, South West France. Guaranteed repeat business, excellent contracts with major agencies. Could be a perfect opportunity for a large family looking to re locate to south france. 25 mins from Ski slopes. We open Apr 7-Oct 8. also on option our 5 bed villa with heated swimming pool

Property information

Real Estate:

Real Property Included

Lease terms:

Fond de commerce plus 30% of wall included in price.

Living accommodation:

we are also offering the opportunity to include our 5 bedroom villa with heated swimming pool within walking distance of the hotel..please contact us if this is of interest to you.

Location:

PRIME location, Cannot be beaten only 2 mins to Grotto and 25 mins to ski slopes plus 1h30 to Spain, selection of airports, Lourdes,15mins, Pau,40 mins, Biarritz, Toulouse, 1h30

Other information

Expansion potential:

Excellent potential, we only open 6 months but there are numerous opportunities to either open winter months for ski holidays or we also have a class 4 bar licence meaning full bar licence, not easy to come by so this gives the opportuneity to maybe open a 'proper bar' winter and summer but to be honest the earnings are very good for the 6 months so we have no need to do this.

Competition / Market:

Very little now actually we can't keep up business has grown by over 100% since 2000 in the Hotel and 80% in the shop. we increased our profits again in 2006 by 30%. Reason: Our location, friendly service and most of all our competitive prices. Also, there are only a couple of other 2 star hotels now anywhere near the grotto, this is good for us! our contract list with various agencies has also grown steadily.

Support & training:

Staff are with us many years they are dedicated and loyal and know all our regular clients plus all aspects of the business eg chef places orders for menus etc and is in charge of everything food wise, Waiter is here as long as us looks after anything to do with service in the restaurant and shop has a responsable who takes charge of opening/closing and ordering from suppliers.

Reasons for selling:

New business venture

Trading hours:

Apr-Oct, have night porter so we work the rest between ourselves and the staff and have the evenings off

Furniture / Fixtures value:

€100,000

Contact the seller